TLDR Crypto · MARKETS & BUSINESS

LONDON STOCK EXCHANGE WILL START MARKET FOR BITCOIN AND ETHER ETNS MAY 28

coindesk.com2 min read

Summary from the TLDR Crypto newsletter

The London Stock Exchange is launching Bitcoin and Ether exchange-traded notes at the end of May, available to professional investors only. It will start accepting applications for trades from April 8. The move follows approval from the UK's Financial Conduct Authority for Recognized Investment Exchanges to create listed market segments for ETNs. It is part of wider efforts to position the UK as a crypto-friendly hub.